BRIGHTLIGHT_(BIRMINGHAM)_ - Accounts

BRIGHTLIGHT (BIRMINGHAM) LIMITED - Company Information

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Company Registration No. 00999162 (England and Wales)

BRIGHTLIGHT (BIRMINGHAM) LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2015

BRIGHTLIGHT (BIRMINGHAM) LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

BRIGHTLIGHT (BIRMINGHAM) LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 JUNE 2015

- 1 -

2015

2013

Notes

Fixed assets

Tangible assets

69,588

Current assets

Debtors

3,221

Cash at bank and in hand

234,890

37,852

234,918

41,073

Creditors: amounts falling due within one year

(211,830)

(6,081)

Net current assets

23,088

34,992

Total assets less current liabilities

23,088

104,580

Capital and reserves

Called up share capital

1,000

Share premium account

17,830

Profit and loss account

4,258

85,750

Shareholders' funds

23,088

104,580

For the financial Period ended 30 June 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 17 August 2015

Miss V Light

Director

Company Registration No. 00999162

BRIGHTLIGHT (BIRMINGHAM) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 30 JUNE 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold

50 Years straight line

Fixtures, fittings & equipment

10% Reducing balance

The company operates a money purchase (defined contribution) pension scheme. Contributions payable to this scheme are charged to the profit and loss account in the period to which they relate. These contributions are invested separately from the company's assets.

1.4

Deferred taxation

Deferred taxation is provided at appropriate rates on all timing differences using the liability method only to the extent that, in the opinion of the directors, there is a reasonable probability that a liability or asset will crystallise in the foreseeable future.

Fixed assets

Tangible assets

Cost

At 1 January 2014

101,524

Disposals

(101,524)

At 30 June 2015

Depreciation

At 1 January 2014

31,935

On disposals

(33,019)

Charge for the period

1,084

At 30 June 2015

Net book value

At 30 June 2015

At 31 December 2013

69,588

BRIGHTLIGHT (BIRMINGHAM) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE PERIOD ENDED 30 JUNE 2015

- 3 -

Share capital

2015

2013

Allotted, called up and fully paid

1,000 Ordinary shares of £1 each

1,000

Ultimate parent company

The company is controlled by the Light family, who together own 70% of the issued share capital.true